SDX ENERGY INC SDRYF

Nicholas86

[Dow20000]

Nothing like waking up on a on a Monday morning and getting srewed.If I can recall , you can not
hold a foreign asset in an RRSP or Rif.You will be penalized  1% of the asset value every month.
We must vote down this delisting from Canada.

[ferret_ca]

you can hold 100% of your rrsp in foreign content if you want, where are you coming up with this bs??? this is a kick in the nuts to all canadians holding sdx though, I sold mine today, had been considering anyways. at least there many other frossly undervalued energy plays on the tsx you should be be able to do just as well or better on. the question to me is this, are they that desperate and

[ferret_ca]

here is an article on eligible investments for rrsp's etc, at the end is a list of stock exchanges that qualify, the london stock exch. is one of them.however, any otc (over the counter) exchange is not eligible. it does look like you will definitely pay higher commisions to trade on the lse. https://cawidgets.morningstar.ca/ArticleTemplate/ArticleGL.aspx?id=370808 cheers ferret

[John104]

if stock is on approved exchange you can hold in both rrsp and tfsa. the LSE is eligible, but I am going to contact cra to see if aim is eligible as it is a division of the lse.